Question

Using the following data, calculate the Economic Order Quantity (EO

  • Q : Monthly consumption: 4000 kg Cost per kg of raw materials: ₹2 Cost per order: ₹60 Storage cost: 15% of the average inventory Which of the following is EOQ?
A 4,129 kg
B 4,228 kg
C 4382 kg
D 4495 kg
E 5287 kg
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